HousingHandbookReference data

U.S. ZIP Code · IL60964

Kankakee County · Kankakee, IL

Typical home value

$214,740[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+6.1%
10-year / yr
+5.6%

Relative price

vs U.S.
-24.4%
vs metro
-14.5%
vs state
+12.3%
ZIP 60964 location in IL
Location of ZIP 60964 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60964 is worth $214,740 — 14.5% below the Kankakee, IL median. Over the past year, values have risen 6.3%. The effective property tax rate is 2.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.1%[3]
Typical annual tax
$4,407[3]

#Climate risk

FEMA National Risk Index ratings for Kankakee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
4,777[3]
Median household income
$82,083[3]

#Migration

Household moves in and out of Kankakee County over a year, from IRS tax-return data.

Net migration
-26[5]
Moved in
2,134
Moved out
2,160

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
1
Middle
0
High
1
  • St Anne Elem School

    Elementary · Grades PK–8 · St Anne CCSD 256

    254 students

  • St Anne Comm High School

    High · Grades 9–12 · St Anne CHSD 302

    206 students

  • KASEC Alternative Day Program

    Other · Grades 4–12 · Kankakee Area Spec Educ Coop

    0 students

  • KASEC Communications Program

    Not reported · Grades M · Kankakee Area Spec Educ Coop

  • KASEC Transition Program

    Not reported · Grades M · Kankakee Area Spec Educ Coop

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,086
Loan principal$171,792
Down payment$42,948
Total interest paid$219,112

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,632
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
25th percentile[1]
Rental yield
[2]
Property tax
71st percentile[3]

Frequently asked

How much is a home worth in ZIP code 60964?
The typical home in 60964 is worth $214,740, based on the Zillow Home Value Index.
Are home values rising in 60964?
Home values in 60964 are up 6.3% over the past year, and up 6.1% a year over five years.
What is the property tax rate in 60964?
The effective property tax rate in 60964 is 2.1% — roughly $4,407 a year on a typical home.
Who lives in 60964?
ZIP code 60964 has a population of 4,777 and a median household income of $82,083.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Sammons Point, IL

    Typical home
    $216,768
    Gross yield
  • Momence, IL

    Typical home
    $181,601
    Gross yield
  • Reddick, IL

    Typical home
    $251,104
    Gross yield
  • Bradley, IL

    Typical home
    $178,241
    Gross yield
  • Buckingham, IL

    Typical home
    $259,846
    Gross yield
  • Herscher, IL

    Typical home
    $259,903
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 60964 against any other ZIP — full side-by-side table.

Compare 60964

#Jump to section